1743 8TH STREET Active Save Request In-Person Tour Request Virtual Tour
Sarasota,FL 34236
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $1,142
Subdivision Schindlers
MLS Listing ID A4647457
Bedrooms 2
Full Baths 2
Construction Status Completed
HOA Y/N No
Year Built 1925
Annual Tax Amount $4,332
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Rare Investment Opportunity in Downtown Sarasota's Redevelopment Wave!
Four contiguous lots across two parcels totaling approximately 0.44 acres (1721 & 1743 8th Street) — right in the heart of one of downtown Sarasota's most exciting transformation zones. This restored vintage home sits in a rapidly evolving neighborhood becoming one of the city's most desirable addresses.
Just steps from the beloved 10-acre Gillespie Park, featuring grand oaks, tennis and basketball courts, a scenic pond, dog park, fitness trail, and walking paths. Enjoy walking distance to Main Street, with its premier shops, galleries, and restaurants, and only 0.7 miles to Sarasota's waterfront and The Bay, the city's new 53-acre signature park.
This property lies within an Opportunity Zone with no HOA and no deed restrictions, offering exceptional flexibility for investors and developers. Close to the downtown business district and minutes from the Westcoast Black Theatre Troupe, you're surrounded by Sarasota's vibrant cultural and commercial scene.
Prime Development Potential:
Build 4–6 residential units in this rapidly appreciating neighborhood where new projects are transforming the landscape. Perfect for townhomes, multi-family residences, or custom urban homes. The location offers everything today's buyers want—walkability, green space, and access to downtown and the bayfront.
Investment Strategies:
Buy and hold: Rent the charming existing 2-bed, 2-bath home for steady income while land values continue to rise in this high-demand area.
Develop now: Join the wave of new construction reshaping the district and capitalize on downtown's growth.
Value-add opportunity: Position yourself in the path of progress where new developments are achieving premium returns.
Residents enjoy unparalleled walkability to downtown Sarasota's dining, arts, and entertainment, including the Van Wezel Performing Arts Hall, Sarasota Orchestra, Marie Selby Botanical Gardens, and the Bayfront Marina.
This is more than a property—it's a rare opportunity to be part of downtown Sarasota's most dynamic transformation. Don't miss this exceptional find in the heart of the city's redevelopment boom!
Location
State FL
County Sarasota
Community Schindlers
Area 34236 - Sarasota
Zoning RMF2
Interior
Interior Features Ceiling Fans(s),High Ceilings,Open Floorplan
Heating Central
Cooling Central Air,Wall/Window Unit(s)
Flooring Wood
Fireplaces Type Wood Burning
Fireplace true
Appliance None
Laundry Inside
Exterior
Exterior Feature French Doors
Parking Features None
Fence Fenced
Community Features Dog Park,Playground,Racquetball,Tennis Court(s)
Utilities Available Electricity Connected,Sewer Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Crawlspace
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Architectural Style Ranch
Structure Type Brick,Stucco
New Construction false
Construction Status Completed
Others
Pets Allowed No
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://tours.snaphouss.com/17218thstreetsarasotafl34236?b=0